Home >> Income Tax >> You are Here

Perquisite Value Calculator - Perquisite Value of Leased Accommodation / Rent Free Accommodation Facility - where the accommodation is taken on lease or rent

Item	Amount
Total of Annual Basic Pay
Total of Annual City Compensatory Allowance
Total of Professional Qualification Pay (PQP)
Total of Fixed Personal Pay (FPP)
Any Amount Received in Lieu of Salary
Total Annual Leased Rent Paid by Employer
Total Annual Recovery from Salary for Lease / Rent Free Facility
Annual Additional Rent Paid by Employee

Calculate Perquisite Value of Interest Free or Concessional Rate Loan Facility provided by Employer

Enter Your Loan Account Data
Loan /Borrowed Amount		EMI
Period in Months		Closing Balance
State Bank Of India Rate of Advance (Click to Check SBI Rates )
Effective Interest Rate of Your Loan A/c		Interest Charged In Account

Perquisite Value of Interest Free or Concessional Rate Loan

Home Loan Scheme
Loan Amount	Linkage with Base Rate over the tenor of the loan	Effective Rate
Upto Rs. 30.00 lacs	0.25% above Base Rate	9.75% p.a.*
Above Rs. 30.00 lacs	0.40% above Base Rate	10.10% p.a.*
No fixed rate option in any limit bracket.
SBI Car Loan Scheme
For all tenures		For Term Loan: 0.75% above Base Rate, i.e. 10.45% p.a. For Overdraft: 0.75% above Base Rate, i.e. 10.45% p.a.
Two - Wheeler Loan
Up to 3 years		8.25% above Base Rate i.e. 17.95% p.a.
Used Vehicles
Up to 3 years		7.25% above Base Rate i.e. 16.95% p.a.
Above 3 yrs		7.50% above Base Rate i.e. 17.20% p.a.
Certified Pre-owned Car Loan scheme
Up to 3 years		6.00% above Base Rate i.e. 15.70% p.a.
Above 3 yrs		6.50% above Base Rate i.e. 16.20% p.a.
SBI Student Loan Scheme
For loans upto Rs.4 lacs		3.50% above Base Rate, currently 13.20% p.a.
Above Rs.4 lacs and upto Rs.7.50 lacs		3.75% above Base Rate, currently 13.45% p.a.
Above Rs.7.50 lacs		1.75% above Base Rate, currently 11.45% p.a. * for Girl Student 0.50% concession in intt. rate
Xpress Credit
Type	Facility	Rate of Interest
Demand Loan	Check-off from Employer	5.00% above Base Rate Floating, currently 14.70% p.a.
SBI Saral Personal Loan
Demand Loan	Check-off from Employer	8.50% above Base Rate Floating, currently 18.50% p.a.

Value of Lease / Rent Free Facility
Net Perquisite Value of Lease / Rent Free Facility (Least Over Rent paid)
Taxable Perquisite Value of Lease / Rent Free Facility (After Less of Additional Rent Paid)